Chapter 549: Sharply declining demand


The desert area is covered with clouds, and Spielberg in Jurassic Park has just announced its killing. This guy is still as fast as ever, and there will be no incidents that exceed the budget.
As an investor, of course I like this kind of guy. As long as the script is not too bad, the investment will always be recovered.
"Filson, has our cinema line delayed the progress?"
"No, they are fast."
"Look, I said contract out. Working for yourself is different, this group of bastards."
"By the way, how is the progress of Morgan Stanley there?"
"Oh, the demand for iron ore is declining sharply, especially in Tuao. The trouble with the foot basin is bigger this time. If it is not good, there is a possibility of a complete collapse.
"No, how do I feel that their property prices haven't fallen much?"
"It's all dead, can't hold it anymore, it has jumped off the building. Suicide in foot basins has been popular recently."
"Cough, isn't it? In this case, it's good to have a hospital, specializing in psychological counseling."
Philson knew that the boss's bad taste was coming again. The economic downturn of the foot basin has a great impact on himself.
In fact, he should be glad. The sales of comics and game consoles did not have much impact at all. People always need entertainment, the economy is going down, the income of the foot basin people has decreased, and the people who like to spend time with comics and games are increasing substantially.
The most unlucky nature is those bars. It was a hot place last year, but it has become a monk.
Since we are out of money, we will naturally have to save money. Taxis are out of business, and high-end restaurants are out of business. Instead, those 24-hour convenience stores.
There is no longer any domestic demand that can be pulled, nor is there any image project. Sudden sudden braking made all the needs disappear.
It is already August, and it will be the end of the year in a few months. Of course, for the current situation, the three major rating agencies of the United States are optimistic. They are optimistic that the export of the foot basin is still stable. At the latest in the first half of next year, the foot basin economy will bottom out and rebound.
"Rebound? Are you kidding? Philson, you don't need to look at other things. In my opinion, the most telling thing is the amount of electricity generated. The data you just showed is very telling."
"It is estimated that the three major institutions are also talking about it. These consortiums in the United States have not yet gotten out of it. Of course they will say so."
"Oh, that's the skill, but their crude steel output is still so much? Don't tell me, these are for their own use."
"No, they don't need so much. Recently, they have been increasing their exports."
William White was a little surprised that the foot basin had neither coke nor iron ore. How did they do it all?
From this point, you can see how the steel companies in the United States are dying. Electricity is cheap, coke is cheap, transportation costs are low, and iron ore is cheap.
You have so many advantages, but you can't do it. Therefore, it is deserved to die, and it is not worthy of sympathy.
Of course, the enterprise management of the foot basin people has indeed achieved the ultimate. A country without any resources can actually become a major steel exporter.
God opened his eyes, these iron mines in Tu'ao were cut off. If their bubble bursts a few years later, this piece of assets may have returned to the foot basin.
When demand drops, prices will naturally not stabilize. Iron and steel, iron ore, are hovering at low levels. The most unlucky nature is Tu O. Looking at the iron ore full of pits and valleys, they are worrying, Nima, when this goes on, when will these garbage be sold.
The economic crisis in the United States will affect other countries, or most countries will be affected. In the same way, the situation under the foot basin will also affect many countries.
A group of consortiums couldn't figure it out anyway, and tossed their foot basins, so they couldn't do any more business here.
A group of fools did not realize that after the end of the Bretton System, the US would not need a trade surplus. What they export the most is actually the US knife. How to stimulate consumption is their first choice.
The people of the United States are desperately consuming, and the world is desperately producing. This is the situation now. It doesn't matter how big your trade deficit is, as long as you expand the money supply.
The funny thing is, if you can know earlier, why not toss what foot basin. Since they like to work, let them continue to work well.
After the bubble economy in the foot basin ended, the US imperialism never pursued a trade surplus. They discovered this problem. No matter how outrageous their deficits are, the economy of the United States will not be affected much.
It is such a horror to master the power of monetary discourse.
Understand the situation now, of course, need to release water. It is now necessary to save the foot basin. If this group of little elves is finished, the economy of the country will be affected.
"Hang trough, right? I have been very kind without reducing the supply of oil. Your oil company sold it, but I just bought it."
"It's the same anyway, Rockefeller is even worse."
"You haven't said anything. People are the first consortium in the United States. I'm just a new money family. Is there any trace of comparability?"
"Anyway, it means the same thing. Don't reduce it deliberately. By the way, can you still apply for subsidies?"
Okay, William White figured it out, Kuwait can't run out of oil now. It’s useless for silly big wood to have oil, whoever buys it is unlucky. The US emperor's warships have blocked the sea.
Two important oil-producing regions were missing at once, and it was a strange thing that oil prices did not rise. If it wasn't for the economy of the foot basin, the little elves would probably jump again.
Even so, the oil consumption of the foot basin is still very large. The purchase in the desert area alone amounts to 2 million barrels per day. Today, this gap obviously needs to be provided elsewhere.
People's greed is sometimes difficult to contain. Silly Damu's oil production is not low. If you can manage the country well, there is no shortage of money.
Today's oil-producing area was only a colony of John Bull. Without World War II, people like Silly Damu wouldn't know where to eat sand.
To put it bluntly, you have a small population. Even if the oil price is not high now, it can still make you very rich.
what? There is no money to buy weapons.
Okay, just like the Panama Canal. You either make money or give up force. If two things are needed at the same time, the US imperialism will never allow it.
Just look at the allies of the US Emperor in the desert area, you know, all are wine bags. It is absolutely impossible to obtain the support of the US Emperor like a thorn like Silly Damu.
Ha ha, you are so rich, if you still have a strong military strength. How else is this world leader?
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